FreshBooks

Invoicing

Create professional invoices, recurring invoices, reminders, and payment tracking.

Expense tracking

Track business expenses, receipts, categories, and billable costs.

Time tracking

Record billable hours and connect time entries to invoices.

Online payments

Accept client payments through supported payment options.

Projects

Manage client work, estimates, proposals, and project-related billing.

Reports

Review profit, expenses, tax summaries, invoice status, and business performance.

Client invoicing

Create and send invoices for services, retainers, projects, and recurring work.

Freelance accounting

Track income, expenses, receipts, and payments without a complex accounting system.

Billable time tracking

Record hours and turn them into invoices for client work.

Service business finance

Manage estimates, expenses, payments, and reports for a small service operation.

Pros

• Very approachable for freelancers and service businesses.
• Strong invoicing and client billing workflows.
• Time tracking and payments fit project-based work well.
• Cleaner learning curve than many accounting platforms.

Cons

• May be less powerful than QuickBooks or Xero for complex accounting.
• Client and user limits should be reviewed by plan.
• Inventory-heavy businesses may need another platform.
• Advanced finance workflows may require accountant input or integrations.